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What's with the St Barbara (ASX:SBM) share price today?

What’s with the St Barbara (ASX:SBM) share price today? Lucas Radbourne | April 27, 2021 12:40pm | More on: Image source: Getty Images St Barbara Ltd(ASX: SBM) shares are edging lower today despite the company reporting its Simberi Sulphide Feasibility Study highlighted “a robust project with strong financial returns”. At the time of writing, the St Barbara share price is trading 1.98% lower at $2.03. St Barbara is a gold mining company with projects comprising Leonora in Western Australia, Simberi in Papua New Guinea and Atlantic in Canada. The majority of the company’s revenue is generated by gold sales from its Gwalia underground mine at the Leonora project.

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St Barbara (ASX:SBM) approves pre-investment in Simberi

St Barbara (ASX:SBM) approves pre-investment in Simberi SubscribeBe the first with the news that moves the market St Barbara’s (SBM) Board has approved pre-investment work at the company’s Simberi operations in Papua New Guinea Approval was given after the company’s Simberi sulphide feasibility study highlighted a robust project with strong financial returns Approximately A$16.6 million in pre-investment will fund a mining ramp-up, drilling to increase ore body knowledge and studies to de-risk the project The company aims to make a final investment decision about its Simberi operations in March of next year St Barbara is down 1.22 per cent and trading at $2.02 per share

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புதியது-ஐயர்ல்யாஂட்

St Barbara approves pre-investment work on Papua New Guinea project

St Barbara approves pre-investment work on Papua New Guinea project
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Misima man becomes first national to lead a mining operation in PNG – EMTV Online

Share the News A 50-year-old man from Milne Bay has become the first Papua New Guinean to head an operation owned by an Australian Stock Exchange (ASX 200) company. Iso Ealedona from Misima Island has been appointed by St Barbara Limited as General Manager of its Simberi Operations in New Ireland. Ealedona (Left) with his predecessor Jason Robertson. SUPPLIED Ealedona a mining engineer and pioneer of the University of Technology (UoT) mining degree program, has under his belt, over 26 years of experience in the mining industry. He formerly worked for Rio Tinto Iron Ore (Australia) Misima, Ok Tedi, Hidden Valley, Lihir and now St Barbara’s Simberi Operations.

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St Barbara reports half-year results; faces environmental charges in Nova Scotia - Canadian Mining Journal

Australia-based miner St Barbara (ASX: SBM) has released financial results for its half-year ended Dec. 31 that represent “an encouraging recovery from the operational disappointments of the first quarter,” according to the company’s managing director and CEO, Craig Jetson. In a release, the company noted that performance had improved at all three of its operations – including its Atlantic Gold operations 60 km northeast of Halifax, N.S., which it acquired in mid-2019. “Over consecutive halves, Atlantic Gold has delivered record production as continuous improvements in mill throughout generated early returns,” Jetson said. For the six months ended Dec. 31, St Barbara produced a total of 162,600 oz. of gold across its operations at all-in sustaining costs of A$1,605 per oz. (US$1,240). In addition to the Touquoy open pit at its Atlantic Gold operations in Canada, the company has the Leonora operation in Western Australia, and its Simberi mine in Papua New Guinea.

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